By Debdeep Gupta | 12 Dec, 2024
CEAT shares bounce back 6?ter Nuvama, Motilal Oswal assign 'buy' following Camso deal
Shares of tyre manufacturer CEAT rose 5 per cent to Rs 3,328 in morning trade on December 12 after Nuvama Institutional Equities and Motilal Oswal dished out 'buy' ratings on the stock just days after the company entered into definitive agreements with Michelin to buy Camso brand’s Off-Highway construction equipment tyre and tracks business for about $225 million.Domestic brokerage Nuvama has as...